NFTanks: A Decentralized Play2Earn (P2E) NFT Gaming

Abstract

Blockchain and cryptocurrency technology have attracted quite a huge attention from the global populace in over the last decade, the technology have proven the worthiness of it application to a good number of areas. More recently, gaming and NFTs have gained a lot of interest and attention due to the potentials of integrating them with blockchain and cryptocurrency technology.

Blockchain technology have given rise to a wide range of gaming and NFT projects that are operating based of different models that suit different caliber of enthusiasts from all around the world. NFTs are nowadays available in different ramifications with real value and benefits that can be redeemed at any point in time.

Introducing NFTanks

NFTanks project is a rare collection of unique Dogetankers that are 3333 in total supply. The project will deploy a blockchain powered Play2Earn (P2E) NFT games that will reward gamers with real cryptocurrency and NFT values for their activities and engagements, what everyone will simply term as fun (gaming). Play2Earn is one unique gaming model that has gotten more strength and attention since the introduction of blockchain and cryptocurrencies.

The 3333 collection of NFTanks will be available for supporters and enthusiasts to mint in this November, although their's no exact date but based on information available on NFTanks's website, hopefully a clear date will be communicated to enthusiasts via the website.

Major NFTanks Features

NFTanks project as the name implies, is packed with quite a number of interesting features and functionalities, these includes but not limited to;

NFTs: NFTanks will feature a collection of 3333 unique NFTs that are generated from a total of 230 hand-drawn features. Holders of these unique NFTs collection will stand to benefit hugely from NFTanks project, benefits such as;

Access to games with associated bonuses and gifts
Share of 5% of the total NTS token supply.
Interactive P2E Games: Relying on the power of blockchain and cryptocurrency, NFTanks will features a good number of blockchain Play2Earn games, where gamers will be rewarded in cryptocurrency and NFTs as prize for their winnings.

NFTanksToken (NTS) & Its Tokenomics

NTS is the primary utility token of NFTanks project ecosystem, the token is minted on Binance Smart Chain (BSC) blockchain with a total supply of 100,000,000 NTS token. NTS will fuel all the economy of the project's ecosystem as it will be the primary medium of all settlements on the platform.

Advantages for Currency NFTanks Holders:
Multi-Beneficiary:

Since Protocol Embedded Staking (PES) allows complete availability of token usage in other NFTs products, rewards can be “doubled” using NFTanks. These way staking rewards are an extra Layer of passive income. The upcoming liquidity incentive program will offer NFTanks Holders another distinctive additional income stream.

Convenient:

NFTanks Staking is embedded within standard BEP-20 transfer functions and is fully automated and 100% passive with no need for user decisions or interactions to receive rewards therefore.

Flexible:

NFTanks Finance is compatible with any Binance based NFTs project. NTS Coins can be used like all standard BEP-20 tokens for pooling, yield farming, mining and so on, all this while continuously yielding additional staking tokens to holders.

Fair:

NFTanks Finance protocol embedded staking evenly adjust all balances according to the embedded supply development preference whatsoever is given to any specific holder. All wallets are treated in the same way, independent of balances, transaction volume or other parameters.

Transparent:

NFTanks Finance sources are open. All program codes and contracts are made available and can be inspected and tested by anybody. Due to single contract deployment any manipulation of the contract logic or maximum supply is impossible, no minting of additional coins. Staking rewards are fully transparent and predictable.

Stable:

With NFTanks there aren’t any reward releasing events at the end of locking periods which could generate cyclical dumps. Except for market reasons selling NFTanks is never easier or more profitable at any specific point in time, creating a less volatility.

Independent:

With NFTanks you stay independent because the tokens always stay liquid while earning rewards (no locking) and can be freely moved or invested into NFTs products

These features are made possible by the unique Protocol Embedded Staking (PES), which implies the possibility of investing in highly profitable NFTs products with a predictable backing by conservative staking at the same time.

Conclusion

NFTanks platform is made up of highly intelligent, motivated and experienced professionals in all areas of financial activities. In order to realize the staking features mentioned above the staking mechanic has been embedded into the BEP-20 protocol. The algorithm works by regularly inflating the total token supply according to a mathematical logic implemented into the smart contract. Account balances are defined by their individual share of the total supply thus guaranteeing a non-dilutive allocation of tokens. This way the relative staking profit is and remains equal for all accounts independent of size and user related parameters like staking duration, choice of staking pool etc

For More Information Connect to NFTanks

Website: https://nftanks.app/

Twitter: https://twitter.com/NFTanks_Game

Telegram Group: https://t.me/nftankss

Discord: https://discord.gg/z2ZuHJbzgW

Writer information

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